11733 Hwy 231 431 N, Meridianville, AL 35759
2,105 SF home/office with high visibility and ample parking.
- Added:
- Mar 26, 2025
- Days on Market:
- 460
- Last Refresh:
- Mar 17 at 1:17 pm
Property Features for 11733 Hwy 231 431 N
General Information
- Standard status
- Active
- Size
- 2,105 SF
- Property subtype
- Office, Retail
Listing office Taylor Properties (256) 683-3876
Listing date Mar 26, 2025
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Taylor Properties
HighLights
- Highly visible location on Highway 231/431 with approximately 34,651 VPD.
- Suitable for home/office use with three private offices, a conference room, and a reception/waiting area.
- Includes a full kitchen and restrooms.
- Approximately 10 parking spaces.
- 2,105 square foot property.
- Located in a fast growing area of Meridianville.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.2k | $20.04 |
| − Vacancy | −$6.3k | −$3.01 |
| EGI | $35.9k | $17.03 |
| − OpEx | −$9.0k | −$4.26 |
| NOI | $26.9k | $12.78 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Meridianville
- County
- Madison
- State
- Alabama
- Longitude
- -86.571276
- Latitude
- 34.854666
